Financial Literacy Test Worksheet
The method (Read, plan, check): Name the type of question: count, change, bill, better buy, discount, budget, saving, interest, profit, passbook or safety. Use the method from that lesson and work step by step. Check: change is less than the money paid, a discount makes the price smaller, needs come before wants.
NameDateTime takenScore ___ / 40
- 1.Kabir is making a shopping list. Which of these is a need? (a) a remote-control car (b) bus fare to school (c) a third cricket bat (d) a fancy phone cover
- 2.A stranger asks Aarav to scan a QR code to “get” ₹50000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
- 3.Rohan has ₹300 for a picnic. Food costs ₹50 and tickets cost ₹170. Is ₹300 enough? (a) Yes (b) No
- 4.6 school bags cost ₹3900. What does one school bag cost (in ₹)?
- 5.A pair of shoes costs ₹720. Offer 1: 25% off. Offer 2: ₹160 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 6.Kavya wants a storybook set that costs ₹490, has ₹130 already and saves ₹100 every week. In how many weeks will Kavya have enough?
- 7.Dev spends ₹50 of ₹500 pocket money on books. What percent is that?
- 8.₹26 − ₹6 =
- 9.Arjun wants to save ₹360 for an art kit in 4 weeks, the same amount each week. How many rupees must Arjun save each week?
- 10.Shop A sells a lunch box for ₹255 with free delivery. Shop B sells it for ₹300 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
- 11.Kavya has 2 coins of ₹2. Joseph has 2 notes of ₹50. How many more rupees does Joseph have?
- 12.What is the smallest number of coins and notes that make ₹114?
- 13.Kabir gets ₹15 pocket money every week. How many rupees is that in 4 weeks?
- 14.Gurpreet gets ₹25 every day. How many rupees is that in one week (7 days)?
- 15.Kabir has 3 notes of ₹100, 2 notes of ₹10 and 5 coins of ₹2. How many rupees does Kabir have?
- 16.Aditya has ₹720 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Aditya can buy?
- 17.Kavya spends ₹100 on things to make 25 friendship bands and sells them all at ₹5 each. How many rupees does Kavya earn after paying the costs?
- 18.4 geometry boxes cost ₹460. What does one geometry box cost (in ₹)?
- 19.Nisha keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
- 20.Riya wants a cricket bat that costs ₹730, has ₹130 already and saves ₹60 every week. In how many weeks will Riya have enough?
- 21.Kavya is making a shopping list. Which of these is a want? (a) sweets every day (b) a warm blanket (c) notebooks for school (d) a raincoat
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22.Isha’s passbook:
Opening balance: ₹3400
Credit (money in): ₹950
Debit (money out): ₹3350
What is the balance now (in ₹)? - 23.After 50% off, a study lamp costs ₹130. What was the price before the sale (in ₹)?
- 24.A 10 kg bag of dal costs ₹950. A 5 kg bag costs ₹650. How many rupees per kg do you save with the cheaper bag?
- 25.A board game costs ₹140. The shop gives 20% off. What is the sale price (in ₹)?
- 26.A bun costs ₹11.50. Vivaan pays ₹20. How much change does Vivaan get, in rupees? =
- 27.₹410 − ₹120 =
- 28.Count up to find the change from ₹20: ₹15 + ₹? = ₹20
- 29.Aarav deposits ₹900 of birthday money. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
- 30.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
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31.Price list: banana ₹6, ruler ₹11, toffee ₹2, biscuit packet ₹10.
How many rupees more does a ruler cost than a banana? - 32.Ananya’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
- 33.Shop A sells 2 colour pencil sets for ₹140. Shop B sells 6 colour pencil sets for ₹660. What does one colour pencil set cost at the cheaper shop (in ₹)?
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34.Ananya’s passbook:
Opening balance: ₹2200
Debit: ₹50
Credit: ₹100
Credit: ₹150
Credit: ₹150
What is the total of all the credits (in ₹)? - 35.How many notes of ₹20 make ₹120?
- 36.The bill for 2 pairs of socks and a cricket ball is ₹220. A pair of socks costs ₹50. What does the cricket ball cost (in ₹)?
- 37.Lakshmi has 3 coins of ₹10 and 6 coins of ₹20. How many rupees does Lakshmi have?
- 38.Ananya has 4 notes of ₹10. Aditya has 9 notes of ₹50. Who has more money? (a) Ananya (b) Aditya
- 39.Kavya is making a shopping list. Which of these is a need? (a) a bigger TV (b) a video game (c) school shoes (d) designer sunglasses
- 40.2 storybooks cost ₹300. What does one storybook cost (in ₹)?
Answer key
- bus fare to school
- Scanning a QR pays money
- Yes
- 650
- Offer 1
- 4
- 10
- 20
- 90
- 125
- 96
- 4
- 60
- 175
- 330
- 18
- 25
- 115
- 18
- 10
- sweets every day
- 1000
- 260
- 35
- 112
- 8.5
- 290
- 5
- Credit
- Never share the OTP
- 5
- The name of the shop
- 70
- 400
- 6
- 120
- 150
- Aditya
- school shoes
- 150
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids